Quarterly ResultApr 28, 2026, 04:13 PM
ROG Q1 Net Sales $200.5M (+5.2% YoY); Adj. EPS $0.75 (+177.8% YoY)
AI Summary
Rogers Corporation reported strong first quarter 2026 financial results, with net sales increasing 5.2% year-over-year to $200.5 million. The company achieved significant profitability improvements, moving from a GAAP net loss of $(1.4) million in Q1 2025 to a net income of $4.5 million, and adjusted diluted EPS more than doubled to $0.75. Adjusted EBITDA also saw a substantial increase to $32.0 million. Management highlighted consistent execution and progress in commercial and profitability initiatives, providing an optimistic outlook with Q2 2026 net sales guidance of $210 million to $220 million and adjusted diluted EPS guidance of $0.90 to $1.10.
Key Highlights
- Net sales of $200.5 million increased 5.2% year-over-year (YoY).
- GAAP net income was $4.5 million, up from a $(1.4) million loss YoY.
- GAAP diluted earnings per share (EPS) was $0.25, up from $(0.08) loss YoY.
- Adjusted diluted EPS more than doubled to $0.75, a 177.8% increase YoY.
- Adjusted EBITDA increased 64.1% YoY to $32.0 million.
- Gross margin improved to 32.2%, an increase of 230 basis points YoY.
- Q2 2026 net sales guidance is $210 million to $220 million.
- Q2 2026 adjusted diluted EPS guidance is $0.90 to $1.10.